521 Drury Lane
521 Drury Lane
$1,300,000
9
3,818
3,818
$340
Pending
Virtual Tour
Description
Under contract-accepting backup offers. Have you been seeking a profitable real estate investment opportunity in the extremely popular and trendy city of Punta Gorda? Majestically nestled on a 0.57-acre lot just 3-miles from Downtown Punta Gorda, this 7-unit paradise provides guests an unforgettable experience with delightful onsite amenities and ultra-comfortable accommodations. Boasting a gross revenue of approximately $265,000 in 2023, the property also offers an impressive 12.68% cap rate for...Under contract-accepting backup offers. Have you been seeking a profitable real estate investment opportunity in the extremely popular and trendy city of Punta Gorda? Majestically nestled on a 0.57-acre lot just 3-miles from Downtown Punta Gorda, this 7-unit paradise provides guests an unforgettable experience with delightful onsite amenities and ultra-comfortable accommodations. Boasting a gross revenue of approximately $265,000 in 2023, the property also offers an impressive 12.68% cap rate for those seeking an above-average ROI. Thoughtfully fashioned for the utmost tranquility, the grounds express an organically flowing vibe with gorgeous new tropical landscaping (2022), heated pool (new heater, pumps, filter, and housing-2022/2023), blissful gazebo, hammocks, a meditation area, soothing hot tubs, and several decks. Three buildings encompass 7 rental units, which each have a unique layout and appealing aesthetic. Two units, Guava Bungalow and Papaya Bungalow, each sleep four and include a kitchen, two bedrooms (total 4 twin beds), and a modern full bathroom. Two other units, Orange Bungalow and Coconut Bungalow, both sleep three and have a kitchen, 2+ twin beds/sofa beds, and a full bathroom, while one unit also has a private hot tub and deck. Three units, Avocado Bungalow, Grapefruit Bungalow, and Mango Bungalow, each sleep 2 and feature 2 twin beds (convert to King), a full kitchen, and a chic full bathroom, while one unit also boasts a jetted soaking tub. In addition, the property has a plethora of updates including fresh paint (2022), new deck (2022), new main house roof (2022), new duplex house roof (2022), new Chickee Hut wiring (2022), new flooring (2022), new septic pump/wiring (2022), new fence panels (2022), new window A/C (2022), and new W/D (2023). Residents will appreciate the outstanding proximity to desirable conveniences, such as artistic venues, boutique shopping, world-class dining, and I-75. Get the coveted financial advantage of this rarely-available property, and call now for a tour!
- Listed by Johnny Huynh • KELLER WILLIAMS SOUTH TAMPA
- Listed by Christopher Leon • KELLER WILLIAMS SOUTH TAMPA
Property Details for 521 Drury Lane
Subdivision Name
PINEAPPLE CENTRE
Township41S
WaterfrontNo
Location
LISTING UPDATED: 04/28/2024 08:00 AM
Property Details for 521 Drury Lane
Status | Pending |
---|---|
MLS # | T3494229 |
Days on Market | 117 |
Taxes | $13,431 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi-Family |
Year Built | 1956 |
Lot Size | 0.57 AC / 25,042 SF |
County | Charlotte County |
Location
Virtual Tour
Building Information for 521 Drury Lane
Stories-Residences7Year Built1956Building Size-Lot Size0.57 AC / 25,042 SF
Payment Calculator
$8,214 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 521 Drury Lane
Property History for 521 Drury Lane
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 521 Drury Lane
Taxable ValueLand-Additions-Total-
Tax Record2023$13,431 ($1,119 / month)
Home Facts
Total Finished SqFt2,506 SqFtAbove Grade Finished SqFt2,506 SqFtStories1Lot Size25,042 SqFtStyleMulti-Family Res (5+ Units)Year Built1956ZoningOMI OFFICE, MCountyCHARLOTTEAPN41-23-05-256-006Fireplace TypeHas Fireplace
Schools near 521 Drury Lane
This home is within Charlotte.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
East Elementary School PublicPK to 5 | ||
Punta Gorda Middle School Public6 to 8 | ||
Charlotte High School Public9 to 12 | ||
Florida SouthWestern Collegiate HS-Charlotte Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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